The Question: The Lazer Company has a contract to produce a part for Boeing Corporation that must have an average diameter of 6 inches and a standard deviation of 0.10 inch. The Lazer Company has developed a process that will meet the specifications with respect to the standard deviation, but it is still trying to meet the mean specifications. A test run (considered a random sample) of parts was produced, and the company wishes to determine whether this latest process that produced the sample will produce parts meeting the requirement of an average diameter equal to 6 inches.

On Excel: Construct the appropriate null and alternative hypotheses with correct parameters.

Help develop the decision rule assuming that the sample size is 200 parts, and the significance level is 0.01.

In a Word document: Recommend what the Lazer Company should conclude if the sample mean diameter for the 200 parts is 6.03 inches.

• Citation of scholarly source required
• Hypotheses; Ho null hypothesis and H1 alternative hypothesis
• Develop decision rule if p
• Recommendation, evidence to support the claim, based on results, what are business recommendations?

This is the question that is asked that I need help with, I don't know what else to add or take away. I have looked at the work and this is it. It I can't be helped please tell me instead of say I have attempts left and take my credit away. But this is the only question with added materials.